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November 11, 2011
Borealis reported an almost doubling in net profits for the third quarter of this year but says it expects the fourth quarter to be challenging because of the political and economic...
http://www.chemweek.com/regions/middle_east/uae/Borealis-Doubles-Net-Profits-with-Borouge-Making-a-Major-Contribution_38999.html
November 3, 2011
Borealis has been able to weather the downturn because of actions taken before and during the recession, said Mark Garrett, CEO of Borealis, addressing the Fourth Annual GPCA Forum in Dubai. The company stayed away from acquisitions and kept a close eye on spending in anticipation of a downturn in a bid to keep the financial situation of the company strong....
http://www.chemweek.com/regions/middle_east/uae/GPCA-2009-Caution-Before-Crisis-Helped-Borealis-Weather-Downturn_23407.html
August 11, 2011
Borealis reported an 83% increase in second-quarter net profits, to €168 million ($239.7 million) on 18% higher sales at €1.897 billion. Operating profits, however, slipped...
http://www.chemweek.com/regions/middle_east/uae/Borealis-Reports-Strong-Results-Sees-Possible-Cooperation-with-Cepsa_36833.html
August 5, 2011
International Petroleum Investment Co. (IPIC; Abu Dhabi) says it plans to boost the growth and international expansion of Compañía Española de Petróleos...
http://www.chemweek.com/regions/middle_east/uae/IPIC-Secures-Cepsas-International-Expansion-Al-Qubaisi-Becomes-CEO_36738.html
July 20, 2011
BASF has announced plans to build an antioxidants blends (CSB) plant in Bahrain. These are key additives used in the production of polymers and will be tailor made for customers in the...
http://www.chemweek.com/regions/middle_east/uae/BASF-Builds-Large-Antioxidants-Plant-in-Bahrain_36252.html
July 11, 2011
Apollo Tyres, India’s largest tire maker, has set up a new West Asian operations hub in Dubai. West Asia currently accounts for almost one-third of the company’s tire...
http://www.chemweek.com/regions/middle_east/uae/Apollo-Tyres-Sets-Up-West-Asian-Hub-in-Dubai_36068.html
July 6, 2011
The European Commission has cleared the proposed acquisition of a controlling stake in Compañía Española de Petróleos (Cepsa; Madrid) by International...
http://www.chemweek.com/regions/middle_east/uae/EU-Clears-IPICs-Acquisition-of-Cepsa-Despite-Overlaps-in-Phenol-and-Acetone_35939.html
July 4, 2011
Borouge has appointed Wim Roels to lead its Marketing Company (Borouge Pte), based in Singapore, with effect from July 1st 2011. Wim Roels replaces William Yau who moves to Borealis as...
http://www.chemweek.com/regions/middle_east/uae/Borouge-Appoints-Wim-Roels-as-CEO-of-Marketing-Company_35910.html
June 23, 2011
UOP has been selected by the Abu Dhabi Oil Refining Co. (Takreer) to provide technology for a new propane dehydrogenation (PDH) plant in Abu Dhabi. The new facility will use UOP's C3...
http://www.chemweek.com/regions/middle_east/uae/Abu-Dhabis-Takreer-Selects-UOP-Process-for-Big-Propane-Dehydrogenation-Plant_35702.html
April 18, 2011
International Petroleum Investment Co. (IPIC; Abu Dhabi) may be looking to consolidate Nova Chemicals and Borealis, as IPIC focuses on building up the petrochemicals industry in Abu...
http://www.chemweek.com/regions/middle_east/uae/IPIC-to-Consolidate-Nova-and-Borealis_34199.html
April 12, 2011
Abu Dhabi National Chemicals Co. (ChemaWEyaat) says it has awarded a project management consulting contract to WorleyParsons for the previously announced Tacaamol aromatics complex in...
http://www.chemweek.com/regions/middle_east/uae/WorleyParsons-Awarded-Contract-for-Abu-Dhabi-Aromatics-Project_34069.html
April 8, 2011
This Week on CW: Solvay is acquiring Rhodia for $4.8 billion, ending months of speculation over what the Belgian company will do with its pile of cash. At GPCA Plastics Forum in Dubai...
http://www.chemweek.com/regions/middle_east/uae/Chemical-Industry-Weekly-News-Round-Up-April-8_34036.html
April 8, 2011
BASF says it has opened a new Polyurethane (PU) Solutions System House at the company’s new site at the Dubai Industrial City in Dubai. “With this new system house we have...
http://www.chemweek.com/regions/middle_east/uae/BASF-Opens-Polyurethane-System-House-in-Dubai_34013.html
April 5, 2011
Speakers assess ongoing and planned investment and with updates on Petro Rabigh, Dow-Aramco and Chemaweyaat....
http://www.chemweek.com/regions/middle_east/uae/GPCA-Plastics-Summit-Investment-Downstream-Development-Top-Agenda_33967.html
April 5, 2011
Adeka Corp. (Tokyo), a producer of polymer additives and oleochemicals, plans to invest Y350 million ($4.2 million) in Al Ghurair Additives (AGA; Dubai) a subsidiary of Al Ghurair...
http://www.chemweek.com/regions/middle_east/uae/GPCA-Plastics-Summit-Japanese-and-UAE-Firms-Create-Polymer-Additives-JV_33963.html
April 4, 2011
Lanxess says it has established a dedicated company for the Mideast dubbed Lanxess Middle East, headquartered at Dubai. “The markets of the Middle East offer Lanxess interesting...
http://www.chemweek.com/regions/middle_east/uae/Lanxess-Establishes-Company-in-the-Mideast_33939.html
March 1, 2011
Israel Chemicals Ltd. (ICL; Tel Aviv) says that on February 28, 2011, it completed the previously announced acquisition of Scotts Miracle-Gro’s (Marysville, OH) Global...
http://www.chemweek.com/regions/middle_east/uae/Israel-Chemicals-Completes-Acquisition-of-Scotts-Miracle-Gros-Specialty-Fertilizer-Unit_33154.html
January 27, 2011
Borouge, a joint venture between Abu Dhabi National Oil Co. and Borealis, has awarded a $169-million contract o Hyundai Engineering & Construction (Seoul) to build Borouge's...
http://www.chemweek.com/regions/middle_east/uae/Borouge-Awards-XLPE-Contract-to-Hyundai-Engineering_32433.html
January 21, 2011
Korean special forces have stormed a Korean chemical tanker that had been hijacked by Somali pirates, freeing the ship's 21-member crew, the Korean government says. The tanker's...
http://www.chemweek.com/regions/middle_east/uae/Korean-Troops-Storm-Hijacked-Chemical-Tanker-Rescuing-Crew_32308.html
December 9, 2010
Sibur (Moscow) plans to add 1 million m.t./year of polymers capacity in the next few years and will likely participate in several of the petrochemical hubs announced by the Russian...
http://www.chemweek.com/regions/middle_east/uae/GPCA-2010-Sibur-Gears-Up-to-Meet-Russia-Petchems-Demand_31468.html
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